Nov. 12 (Bloomberg) -- China High Precision Automation Group Ltd. said it plans to raise HK$919 million in an initial public offering in Hong Kong.

The maker of industrial measuring instruments will sell 225 million shares at HK$4 a share, according to a statement to the Hong Kong stock exchange today. The stock will start trading tomorrow, it said.

Macquarie Capital Securities Ltd. is the coordinator for the IPO, the company said.

Last Updated: November 11, 2009 18:50 EST